14
Coy D. James, Canon of Stewardship

Creating an Online Fundraising Strategy Coy D. James, Canon of Stewardship

Embed Size (px)

Citation preview

Page 1: Creating an Online Fundraising Strategy Coy D. James, Canon of Stewardship

Coy D. James, Canon of Stewardship

Page 2: Creating an Online Fundraising Strategy Coy D. James, Canon of Stewardship

Did You Know?• More than 100,000,000 Americans are active

Web and Email users• North Americans alone exchange more than

8 billion Email messages a day.• As of January 2009 42 million people have a

FaceBook account.*– 35 to 55 yr. old grew 276.4% in the past 6 mo.– 55 and better grew 194.3% in the past 6 mo.– 25 to 34 yr. old population doubles every 6 months

*FB Data Source: istrategylabs.com

Page 3: Creating an Online Fundraising Strategy Coy D. James, Canon of Stewardship

Key Considerations

• Fundraising is really about building relationships• All relationships are built on TRUST – the same

goes for online relationships• Online fundraising should be PART OF a

comprehensive and integrated Stewardship strategy

• A successful integrated strategy requires an investment of time and resources

Page 4: Creating an Online Fundraising Strategy Coy D. James, Canon of Stewardship

Why People Give

• Emotional – ongoing support rests on an emotional connection to a cause or purpose

• Rational – the cause must be credible and worthy based on vision, leadership and track record

• Spiritual – generous living is rooted in spiritual values and beliefs

Page 5: Creating an Online Fundraising Strategy Coy D. James, Canon of Stewardship

Making an Effective Appeal

• How will the mission will be achieved if you receive the necessary funds?• How will the gifts help you achieve

specific objectives of the campaign?• What ways (tangible and intangible)

will the donor benefit from contributing to the cause.

Page 6: Creating an Online Fundraising Strategy Coy D. James, Canon of Stewardship

Building Trust Online

Resource: ePhilanthropy.org Code of Ethical Online Philanthropic Practices• Ensure online security with seals of approval

and a security statement:

(Starfield Technologies, VeriSign, BBBOnline, TRUSTe)

“We take the confidentiality of your information very seriously. For this reason, we use the highest level of security that technology provides when dealing with your credit card information. To guard against fraud, your information is securely encrypted and automatically passed directly to the financial network for processing. At no time is this information made available to anyone else.”

Page 7: Creating an Online Fundraising Strategy Coy D. James, Canon of Stewardship

Building Trust Online, continued

• Provide easy site navigation• Write clear instructions for making an online gift• Donors should be able to communicate and

provide feedback easily• Respond quickly to concerns, questions or

comments• Acknowledge all gifts

Page 8: Creating an Online Fundraising Strategy Coy D. James, Canon of Stewardship

More on Acknowledgement

Donors demand and deserve heartfelt appreciation, considerate and responsive treatment, and information that inspires their trust.•Document a Donor Response Plan and ensure all involved understand their role in the process•Personal acknowledgement not just an automated response or pre-printed postcards•Include a mention of the appeal that resulted in the gift•Never solicit a new gift in an acknowledgement

Page 9: Creating an Online Fundraising Strategy Coy D. James, Canon of Stewardship

Integrated Approach

• Consistent message for Stewardship, Evangelism, Communications and Marketing

• Segment the audience to build meaningful relationships

• Pay greater attention to cost-effectiveness than cost

• Set an annual schedule and stick to it. • Success comes from persistence and

timeliness

Page 10: Creating an Online Fundraising Strategy Coy D. James, Canon of Stewardship

Online Approaches

• Search Engines• Email communications

(daily devotions, e-newsletters, event/service promotion, invitations)• Viral marketing (MySpace, YouTube)

• Interactive Public Relations (media kits and press releases)

• Social Networking Sites(FaceBook, Twitter)

• Partnerships (for profit companies partnering with non-profits to promote philanthropic programs)

Page 11: Creating an Online Fundraising Strategy Coy D. James, Canon of Stewardship

Drivers of Online Success

• A compelling vision/mission• A clear, concise and consistent message• An engaging website • A very visible and easy way for visitors to

contribute• An ongoing effort to acquire contact

information – at least email addresses

Page 12: Creating an Online Fundraising Strategy Coy D. James, Canon of Stewardship

Planning/Implementation Cycle

1.Define the Audience 2.

Integrate the

Message

3. Engage

the Audience

4. Respond to

donors

5. Review Data & Refine

Page 13: Creating an Online Fundraising Strategy Coy D. James, Canon of Stewardship

Lessons Learned

• Even in hard economic times, people will give to a compelling vision/mission

• Fewer and fewer people carry cash or write paper checks – we must adapt

• A well-maintained mailing list (with email addresses) is one of your most important assets

• Every communication method should drive readers to your website (website is a brand)

• Effective acknowledgements create enthusiastic supporters

• Persistence is key

Page 14: Creating an Online Fundraising Strategy Coy D. James, Canon of Stewardship

This Afternoon

We will share examples of: • Online appeals for special programs• Online Stewardship programs• Alternate online revenue streams

A Great Idea Free-for-all!